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Business confidence fell to 90.9 index points in July to a 12-year low, the South African Chamber of Commerce and Industry (Sacci) said today. In July, the BCI declined by four index points. "After the BCI bounced back by 2.1 points from the 92.8 in May 2012 to 94.9 in June, the BCI declined by four index points to 90.9 in July 2012. The July reading for the BCI is a 12-year low and is down more than 8 points on a year ago. "The latest move in the BCI indicates that business confidence … [Read more...] about Business Confidence falls to 12-year low